Land near Rull - Stoodleigh, Tiverton
Land near Rull , Tiverton, EX16 9PP
- 20
Key features
Guide Price: *
£100,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£116,000Bid history
40 bidsDThis is an automatic bid as the bidder has set a maximum bid for this lot
22/03/2023 17:08:02 - £116,000
M
22/03/2023 17:08:02 - £115,000
DThis is an automatic bid as the bidder has set a maximum bid for this lot
22/03/2023 17:06:57 - £114,000
See all 40 bids ▾
METHOD OF SALE
The property is offered for sale by Online Traditional Auction (unless sold prior.) The auction ends on Wednesday 22nd March 2023 at 5pm.
The vendor reserves the right to withdraw or alter the land for sale prior to the auction end date. The property can be accessed via our website - stags.co.uk.
SITUATION
The land is situated a short distance to the north-west of the village of Stoodleigh in Mid Devon. Access to the A361 is within 2 miles and the market town of Tiverton lies 6 miles to the south-east of the land.
DESCRIPTION - AUCTION GUIDE £80,000 to £100,000
The land comprises two gently sloping pasture enclosures and totals approximately 9.69 acres (3.92 hectares.) The fields are divided by a mature tree-lined boundary hedge and could be improved for grazing or managed for conservation purposes. There is a field shelter near to the access point from the road and the soils are described as freely draining, slightly acid loamy soil - classified as Grade 3.
ACCESS
There is access to the land from a council maintained highway.
SERVICES
There are currently no mains services connected to the land. A spring rises in the north-western corner.
TENURE
The land is owned freehold and is registered on the Land Registry. Vacant possession is available from the completion date.
DESIGNATIONS
The land is not within a Nitrate Vulnerable Zone (NVZ)
LOCAL AUTHORITY
Mid Devon District Council
01884 255255 www.middevon.gov.uk
BOUNDARY PLAN
A plan which is not to scale, is included with these sale particulars for identification purposes only.
WAYLEAVES & RIGHTS OF WAY
The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it. There are no public rights of way passing across the land.
SPORTING AND MINERAL RIGHTS
The sporting and mineral rights insofar as they are owned are included with the freehold.
VIEWING
Viewing appointments are strictly by prior appointment with Stags.
Tel: 01884 235705. Email: farms@stags.co.uk
DIRECTIONS
From Stoodleigh, at Ford Cross adjacent to the village hall, proceed towards Rull and Coleford. Continue for about 200 yards and the entrance gate into the land will be found on the left.
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AUCTION LEGAL PACK
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page.
Prospective purchasers will need to register with the Bamboo online platform in order to download the legal pack. It is the purchaser’s responsibility to make all necessary enquiries prior to the auction.
Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.
SOLICITOR ACTING
Hole & Pugsley Solicitors, 6 St. Peter Street, Tiverton, Devon, EX16 6NX.
Morwenna Pugsley
morwenna@hole-pugsley.co.uk 01884 252 827
COMPLETION DATE
The completion date will be 20 working days after the auction or as dictated by the solicitor.
PROOF OF INDENTITY
Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction.
There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
BUYERS & ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
DEFINITION OF AUCTION AND RESERVE
Guide price(s) are an indication of the seller’s expectation.
Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction.
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide.
Guide prices may change at any time prior to the auction.
SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction
BUYERS & ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
Summary
- Auction end
- 22nd Mar at 17:13
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 22nd Mar at 17:13
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Stags - Farm Agency
01392 680059
21/22 Southernhay West Exeter Devon EX1 1PR
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Stags Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Stags Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
